A new question......about starting stock and closing stock. If I start the FY with 500k in holdings, trade some and hold some for the divs/ or growth and the portfolio grows by 180k, so the closing stock that is held at end of FY is 680k.......Do I have to include the unrealised gains in the FY just finished? i.e. 180k plus profits/losses from trading many other stocks through the year? What if 1 stock is a huge winner and goes up 12,000% in a year but I do not want to sell it as it has a huge future? Is that unrealised gain income? Seems not to my way of thinking.
- Forums
- ASX - General
- Tax and trading
A new question......about starting stock and closing stock. If I...
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, CEO
Steven Gourlay
CEO
Previous Video
Next Video
SPONSORED BY The Market Online